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Jul 20, 2015

Greece receives EU financing, IMF bailout involvement is questionable

European Union releases €7.2-billion ($10.1-billion) in bridge financing to Athens, but the International Monetary Fund, a key player in the first two bailouts, is unlikely to contribute to a new rescue program unless some form of debt reduction is on the table http://www.theglobeandmail.com/report-on-business/international-business/european-business/banks-reopen-as-greece-eyes-return-to-normal/article25589188/

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